Ex-WaMu staff member says he had been shunned getting declining to get dangerous finance to the borrowers
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Greg Saffer says conscience and you can a wise practice averted your away from moving the item their bosses wished your to sell – Option Arm home loans you to, he says, set people at risk.
I am not saying probably point somebody into financing system one may not be good for them because it is more profitable on the company, he states.
Instead of good paragon regarding advantage, Saffer was simply a guy just who cannot sell money in an increasingly hard field, the newest bank’s attorneys state within the court records.
JP Morgan was compared against Saffer because bought Saffer’s ex-manager, Seattle-dependent Washington Common Lender, inside you with what was the largest financial incapacity for the U.S. background. Lire la suite
